CIPS L4M2 Q&A - in .pdf

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  • Exam Code: L4M2
  • Exam Name: Defining Business Needs
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NEW QUESTION: 1
Can a user configure a custom health check with Auto Scaling?
A. No, only an ELB health check can be configured with Auto Scaling.
B. No
C. Yes, but the configured data will not be saved to Auto Scaling.
D. Yes
Answer: D
Explanation:
Explanation
Auto Scaling can determine the health status of an instance using custom health checks. If you have custom health checks, you can send the information from your health checks to Auto Scaling so that Auto Scaling can use this information. For example, if you determine that an instance is not functioning as expected, you can set the health status of the instance to Unhealthy. The next time that Auto Scaling performs a health check on the instance, it will determine that the instance is unhealthy and then launch a replacement instance.
http://docs.aws.amazon.com/AutoScaling/latest/DeveloperGuide/healthcheck.html

NEW QUESTION: 2
If two OSPF type 3 prefixes have the same metric, and are within the same process, which prefix(es) are installed into the routing table?
A. The route whose originator has the lower router ID.
B. The route whose originator has the higher router ID.
C. Both routes are installed.
D. The first route that is learned.
Answer: C

NEW QUESTION: 3
Which of the following files holds the configuration for journald when running systemd?
A. /etc/systemd/systemd-journalctl.conf
B. /etc/systemd/systemd-journald.conf
C. /etc/systemd/journald.conf
D. /usr/lib/systemd/journalctl.conf
E. /etc/systemd/journalctl.conf
Answer: C

NEW QUESTION: 4
Wealth Management's top economist, Frederick Milton, is an economic cycle forecaster- Milton's economic forecasts indicate an economic upswing that will impact all goods and services sectors. Milton presents his economic findings to the rest of Wealth Management's professionals at their monthly meeting. All are excited about Milton's forecast of an improving economic condition that should translate into a steadily rising stock market.
Nathaniel Norton and Timothy Tucker have confidence in Milton's capabilities and decide to meet with their clients. Their first meeting is with Elizabeth Mascarella to whom Norton recommends a dynamic asset allocation strategy to take advantage of Milton's forecast. However, Mascarella is concerned because the somewhat persistent back-and-forth of economic activity has translated into an oscillating stock market.
Mascarella questions Norton's recommendation and asks Tucker which strategy should be followed if the market continues as it has, instead of making such "wonderful" strides.
It is one year later and Frederick Milton's economic forecast has been correct, and the market has trended upward as expected. Mascarella's strategic allocation to equity, which was $600,000 of a total portfolio of
$1,000,000, has increased 20%. Her overall portfolio, which contains equity, debt, and some cash, is now valued at $1,150,000. Tucker meets with Mascarella and indicates it may be time to rebalance her portfolio.
Mascarella has instructed Tucker to rebalance annually to maintain a corridor of ± 5% for equity. Given the constraint, Tucker should:
A. make no adjustments.
B. reallocate the entire $120,000 to debt and cash.
C. reallocate an additional $50,000 to equity.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The portfolio has increased from $1,000,000 to $1,150,000, representing a 20% increase ($120,000) in equities and a $30,000 increase in debt and cash ($1,150,000 - $720,000 = $430,000). Since equities now represent 62.6% (= 720,000 / 1,150,000) of the portfolio and their strategic allocation is 60%, Tracman should take no action. (Study Session 16, LOS 46.f)

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